: :inin Kyiv (EET)

More Competition, Less Expensive Russian Gas in Ukraine’s Market (Part One)

On April 1, on President Vladimir Putin’s instructions (Kremlin.ru, March 31; Interfax, April 1), Prime Minister Dmitry Medvedev prolonged the validity of the existing agreement on Russian natural gas supplies to Ukraine until June 30, effective immediately.
Originally signed by Russian Gazprom and Naftohaz Ukrainy last October, the agreement was in force from November 1, 2014, through March 31, 2015, (the winter heating season) with a price discount. That “winter package” agreement (see EDM, March 18) has now been prolonged, including that discount, until the end of the second quarter of 2015, as part of a “summer package.” This looks likely …read more

Source: The Jamestown Foundation

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